Company Information

Get to know Cred A

Founded in 2018 by Kunal Shah, CRED is a fintech company based in India. Its primary business is a mobile application that allows users to pay their credit card bills through the platform, rewarding them with "CRED Coins" for each payment. These coins can be redeemed for a variety of rewards, discounts, and access to exclusive products and experiences from partner brands. The company targets individuals with high credit scores, aiming to create a community of the most creditworthy people in India. Over time, CRED has expanded its services to include rent payments (CRED RentPay), personal credit lines (CRED Cash), an e-commerce platform (CRED Store), and vehicle management services (CRED Garage).

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Cred A

Brazil

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.